Wesure Global Tech Past Earnings Performance
Past criteria checks 4/6
Wesure Global Tech has been growing earnings at an average annual rate of 55.3%, while the Insurance industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 69.7% per year. Wesure Global Tech's return on equity is 9.3%, and it has net margins of 1.1%.
Key information
55.3%
Earnings growth rate
50.4%
EPS growth rate
| Insurance Industry Growth | 15.1% |
| Revenue growth rate | 69.7% |
| Return on equity | 9.3% |
| Net Margin | 1.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Wesure Global Tech makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,554 | 39 | 326 | 0 |
| 30 Sep 23 | 3,183 | 30 | 315 | 0 |
| 30 Jun 23 | 2,885 | 34 | 303 | 0 |
| 31 Mar 23 | 1,961 | 29 | 231 | 0 |
| 31 Dec 22 | 1,241 | 20 | 165 | 0 |
| 30 Sep 22 | 615 | 8 | 84 | 0 |
| 30 Jun 22 | 130 | -10 | 13 | 0 |
| 31 Mar 22 | 127 | -1 | 12 | 0 |
| 31 Dec 21 | 121 | 5 | 11 | 0 |
| 30 Jun 21 | 114 | 10 | 8 | 0 |
| 31 Mar 21 | 97 | 8 | 7 | 0 |
| 31 Dec 20 | 72 | 2 | 7 | 0 |
| 31 Dec 19 | 29 | 0 | 6 | 0 |
| 31 Dec 18 | 0 | -4 | 3 | 0 |
Quality Earnings: WESR has high quality earnings.
Growing Profit Margin: WESR's current net profit margins (1.1%) are lower than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WESR has become profitable over the past 5 years, growing earnings by 55.3% per year.
Accelerating Growth: WESR's earnings growth over the past year (98.9%) exceeds its 5-year average (55.3% per year).
Earnings vs Industry: WESR earnings growth over the past year (98.9%) exceeded the Insurance industry -12.7%.
Return on Equity
High ROE: WESR's Return on Equity (9.3%) is considered low.